This week's electrical fire at Versailles Apartments in Sandy Springs may have only added to the only community's troubles. Versailles and Chastain Apartment properties are being sold to JLB Partners for conversion to a luxury residential mixed-use development.
This week, commenter Andrea Holowka said this on Patch:
I happen to live at Versailles and I know many if not most of the families that live here are just barely getting by. I myself am concerned that I might be forced to move my daughter away from her school if I can't find someplace close by that has rental rates similar to where I live now. But at least we learning of this well in advance to make whatever necessary changes to our budgets in order to squirrel away the funds needed for the imminent move. But unfortunately it wasn't the Property Owners letting us know they were considering selling, it was posting on the internet that has made us aware of this matter... Because I know many families will need much longer than a 2 month notice to save enough or plan for these changes.